Tokenomics
Utility
Tokenomics
Utility
The $STN token drives governance, staking, and economic incentives to strengthen the Sirath Network ecosystem.
$STN Token Utility Overview
The $STN token is the backbone of the Sirath Network ecosystem, designed to drive platform adoption and user engagement through diverse utilities:
Governance Rights
- Proposal Creation: Token holders can create and submit governance proposals.
- Voting Power: Determined by $STN holdings and staking duration.
- Protocol Parameters: Influence decisions on network upgrades, fee structures, and resource allocation.
Staking Benefits
- Security Provision: Stake $STN to contribute to network security.
- Reward Generation: Earn rewards for helping maintain network stability.
- Tier-Based Benefits: Unlock enhanced platform features based on staking amount.
Economic Incentives
- Liquidity: Earn additional rewards by providing liquidity to designated pools.
- Developer Rewards: Receive $STN tokens for contributing to ecosystem growth.
- Community Initiatives: Engage in bug bounties and improvement proposals.
The $STN token empowers users to actively participate in governance, secure the network, and drive innovation across the Sirath Network ecosystem.